BullBearMkt

DANGEROUS! IF Gold Break Below Ending Diagonal Sighting 1720!!!

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Interesting thing about Ending Diagonal correction pattern is that the asset breakout can occur either side - bullish or bearish . With increasing bearish sentiment on gold , there is high possibility for gold to continue on the down side. Possible reversal level at 1789 or possibly testing the lower channel of the daily bullish wedge ... However, a break above the correction may cause gold to start ticking up

N.B
- Let emotions and sentiments work for you
-ALWAYS Use Proper Risk Management In Your Trades

Smart Monies trade on Emotions and Sentiments. Let them work for you in taking calculated risks...

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